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See how verdicts work3-bedroom detached house · PL7 1TR
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £350,000 - £375,000 - Please Quote LB0690 When Arranging A Viewing** This unique property has undergone a wealth of modernisation and improvement.
The current vendors have installed a brand new central heating system and installed 22 solar panels, as well a heat pump, new roof and two new bathrooms. This property is couple or a small family.
Location Merafield Drive is a quiet cut-de-sac in the heart of Plympton. Giving easy access to Saltram House National Trust, local bus routes and The Ridgeway shopping district.
Plympton is a popular suburb in Plymouth which has an abundance of local amenities, including Doctors surgeries, Dentists, Pharmacies, schooling, green spaces and health and leisure centres.
The Ridgeway Shopping Centre has a wide range of local and national, traders, eateries and pubs. Plymouth has a train station with direct access into London Paddington and Birmingham New Street.
Plymouth City Centre has Drake Circus Shopping Centre and the Barcode Leisure Complex, plus the Theatre Royal.
The Barbican and Royal William Yard are located close by, with a range of local and national traders and eateries.
The Property You enter the property into an entrance porch which has space for shoes and coats and a door leading in to the main entrance hall.
The main entrance hall has doors leading through to the lounge and downstairs cloakroom plus stairs leading up to the first floor.
The cloakroom has a low level w/c, hand wash basin and a heated towel rail.
The lounge is an excellent size and has a bay window to the front elevation, plus French doors leading through to the open plan kitchen/dining room. There is a large storage cupboard.
At the rear of the property is the open plan kitchen/dining room, which is an excellent size and leads through to a utility room.
There is a fitted kitchen, with a range of appliances and breakfast bar which divides the room perfectly.
There is space for a dining table and chairs and French doors which open out onto the rear garden.
The utility room has matching units to the kitchen, plus space for an American style fridge freezer and plumbing for a washing machine.
There is a doorway leading through to the study, which does require some decorative modernisation. There is a door leading through to the garage store room.
Upstairs, the first floor landing gives access to all three bedrooms and the family shower room. There is a window to the side elevation.
The main bedroom is located at the front of the property and has two windows to the front elevation, giving far reaching views over the surrounding area.
There is a newly installed en-suite shower room, with a large shower cubicle, low level w/c, hand wash basin and a heated towel rail, plus an obscured window to the front elevation.
The main bedroom also has a built in storage cupboard. Bedroom two is a good sized double with a window to the rear elevation. Bedroom three is a single room with a window to the rear elevation.
The shower room has been transformed and has a large walk in shower, low level w/c and a hand wash basin.
There is a large heated towel rail, an extraction fan and an obscured window to the rear elevation.
Outside Externally, the rear garden is low maintenance and south facing, spreading over two large tiers.
Accessed via the open plan kitchen/dining room, there is a large patio area with steps leading up to a large artificial lawn.
There is a large shed which is included within the sale and a gate which leads through to the front of the property. The front of the property has been hard paved and has parking for two vechicles.
There is an electric car charging point. The garage store room houses the brand new central heating system. This is powered by solar panels and a heat pump, which also includes battery storage.
Tenure & Services Tenure - Freehold EPC - C Council Tax Band - D Services - Mains Water, Electricity & Drainage Renewable - Solar Panels & Air Source Heat Pump
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 111, Merafield Drive, Plymouth
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